On the recordJune 20, 2023
It is absolutely the case that Congress will need to authorize the Federal Reserve to issue a CBDC.
Source
congress.govEditor's note · Context
Chair Powell emphasizes Congress's role in authorizing a retail central bank digital currency.
Share
More from Jerome Powell
Jul 1, 2025
What keeps me awake at night is how do we get that done? I want to hand over to my successor an economy in good shape, and so do all of my colleagues, that's all we ever want.
Jun 3, 2026
The public would lose faith that the central bank will make decisions based only on what’s best for all Americans.
Other voices in this conversation
